XOP Options History — August 2022

In August 2022, XOP traded between $125.07 and $151.79. ATM implied volatility averaged 46.6%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 2.2% (HV 20d: 44.4%). Max pain ranged from $122.00 to $138.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.61.

Notable Days

2022-08-31: Highest Volume — 111,683 contracts
2022-08-22: Largest IV spike — 7.1% change
2022-08-31: Highest IV Rank — 54.2%
2022-08-30: Largest Expected Move — 14.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$139.44	$125.07	$151.79	$134.10	$145.32
Max Pain	$129.09	$122.00	$138.00	$122.00	$138.00
ATM IV	46.6%	42.5%	52.0%	47.2%	52.0%
Expected Move	13.3%	12.2%	14.9%	13.3%	14.9%
HV 20d	44.4%	37.0%	51.4%	51.4%	41.6%
HV 60d	54.0%	52.0%	57.4%	57.4%	53.3%
IV Rank	33.3%	17.3%	54.2%	35.3%	54.2%
IV Percentile	53.6%	29.0%	79.0%	60.3%	79.0%
Term Structure	0.2%	-0.8%	1.4%	-0.5%	-0.4%
VWIV	47.5%	43.2%	52.9%	47.9%	52.3%
Skew 25d	6.0%	4.3%	7.1%	5.8%	6.5%
Skew 10d	12.0%	9.4%	14.4%	12.8%	12.7%
Call IV 25d	44.1%	40.5%	49.4%	44.9%	49.2%
Put IV 25d	50.1%	45.3%	55.7%	50.6%	55.7%
Bid-Ask Spread %	14.56	6.17	22.25	16.73	12.40
Gamma HHI	0.05	0.03	0.17	0.04	0.04
Net GEX	14.1M	-9.9M	53.8M	17.1M	5.9M
Net DEX	-1.08B	-1.75B	-222.2M	-994.3M	-954.2M
Net VEX	-8.0M	-8.6M	-7.0M	-8.6M	-8.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.61	0.49	3.95	1.61	0.87
Total Volume	37,191.304	18,559	111,683	33,468	111,683
Total OI	623,824.522	539,794	710,725	623,590	617,237

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$134.10	$122.00	47.2%	13.3%	51.4%	35.3%	47.9%	5.8%	-0.5%	17.1M	-994.3M	-8.6M	1.61	16.73	12,834	20,634	255,810	367,780
2022-08-02	$135.48	$124.00	47.9%	13.7%	44.6%	38.4%	47.6%	6.9%	-0.8%	14.3M	-1.05B	-8.5M	1.47	17.00	14,049	20,718	253,528	375,760
2022-08-03	$131.83	$124.00	47.8%	13.5%	46.1%	37.8%	48.3%	6.8%	-0.5%	4.0M	-755.7M	-8.5M	1.35	16.16	14,755	19,982	254,239	382,357
2022-08-04	$125.07	$126.00	49.5%	13.9%	47.7%	44.3%	48.6%	6.6%	-0.7%	-9.9M	-222.2M	-8.5M	1.63	14.86	14,567	23,674	256,613	383,846
2022-08-05	$129.11	$126.00	46.4%	13.3%	48.7%	32.4%	45.4%	5.9%	-0.6%	-2.7M	-532.6M	-8.4M	1.10	11.82	21,202	23,381	257,712	385,208
2022-08-08	$130.12	$126.00	46.3%	13.3%	48.0%	32.0%	47.4%	6.5%	0.0%	2.8M	-616.4M	-8.1M	1.22	13.11	11,740	14,324	243,729	373,146
2022-08-09	$130.86	$126.00	45.6%	13.2%	46.6%	29.2%	46.3%	6.2%	0.5%	4.7M	-683.8M	-7.9M	1.13	15.01	25,634	28,903	245,593	376,158
2022-08-10	$133.04	$126.00	43.7%	12.8%	46.6%	21.9%	45.8%	5.8%	1.1%	18.6M	-875.1M	-7.8M	0.70	9.71	11,963	8,404	253,503	380,899
2022-08-11	$138.85	$126.00	43.6%	12.6%	46.9%	21.6%	46.5%	4.7%	0.3%	34.8M	-1.41B	-7.5M	1.04	12.70	18,027	18,776	255,200	383,561
2022-08-12	$140.04	$126.00	42.5%	12.3%	46.6%	17.3%	46.3%	4.8%	0.7%	53.8M	-1.53B	-7.5M	3.34	14.18	8,291	27,710	263,304	389,600
2022-08-15	$136.58	$126.00	44.9%	12.9%	47.7%	26.7%	47.5%	6.2%	1.3%	10.1M	-1.08B	-7.4M	3.95	16.42	5,911	23,331	251,619	400,594
2022-08-16	$136.80	$127.00	44.3%	12.7%	45.9%	24.0%	46.0%	5.7%	1.3%	8.7M	-1.09B	-7.3M	2.37	17.96	10,882	25,783	253,179	408,643
2022-08-17	$138.61	$127.00	43.8%	12.5%	45.1%	22.0%	45.1%	5.4%	1.0%	17.1M	-1.26B	-7.3M	0.49	18.63	12,766	6,264	254,418	399,617
2022-08-18	$144.52	$127.00	42.8%	12.2%	44.4%	18.5%	43.2%	4.3%	1.1%	35.5M	-1.75B	-7.0M	0.85	17.72	40,488	34,562	258,262	401,631
2022-08-19	$142.57	$133.00	45.2%	12.8%	44.2%	27.8%	45.2%	5.0%	1.4%	25.6M	-1.68B	-7.6M	1.40	13.65	9,627	13,498	282,169	428,556
2022-08-22	$142.99	$133.00	48.4%	13.6%	41.0%	40.3%	49.1%	7.1%	-0.3%	9.7M	-998.1M	-7.6M	2.92	18.04	8,884	25,914	207,870	331,924
2022-08-23	$147.01	$133.00	47.4%	13.3%	41.4%	36.2%	48.3%	6.9%	-0.2%	13.4M	-1.20B	-8.2M	1.32	17.73	14,577	19,310	213,660	354,337
2022-08-24	$149.42	$133.00	47.7%	13.4%	39.2%	37.3%	47.7%	6.8%	-0.5%	14.9M	-1.33B	-8.2M	2.08	10.95	8,884	18,436	216,139	362,713
2022-08-25	$150.37	$135.00	46.7%	13.1%	39.2%	33.5%	46.8%	6.0%	-0.1%	15.0M	-1.38B	-8.2M	1.21	6.17	9,186	11,126	219,456	371,728
2022-08-26	$149.10	$135.00	47.9%	13.4%	38.1%	38.4%	50.1%	6.1%	-0.2%	14.5M	-1.31B	-8.3M	2.25	12.37	5,704	12,855	223,813	376,980
2022-08-29	$151.79	$135.00	49.1%	13.6%	37.0%	42.7%	49.4%	6.2%	0.5%	14.8M	-1.44B	-8.0M	1.29	9.36	8,254	10,648	217,819	365,737
2022-08-30	$143.55	$135.00	51.9%	14.9%	43.0%	53.6%	52.9%	5.9%	0.5%	1.2M	-823.4M	-8.3M	1.32	22.25	20,342	26,917	220,671	371,646
2022-08-31	$145.32	$138.00	52.0%	14.9%	41.6%	54.2%	52.3%	6.5%	-0.4%	5.9M	-954.2M	-8.4M	0.87	12.40	59,778	51,905	230,628	386,609